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IndoStar Capital Finance

Brookfield-backed Indostar Capital sells stressed SME loans worth Rs 292 cr

NBFC says in filing it is making efforts to sell nearly 50% of its stressed assets

Brookfield-backed Indostar Capital sells stressed SME loans worth Rs 292 cr
Updated On : 01 Jan 2024 | 2:53 PM IST

IndoStar Finance Capital offloads corporate loans to Phoenix ARC

Offloads stress loans with dues worth Rs 915 cr

IndoStar Finance Capital offloads corporate loans to Phoenix ARC
Updated On : 27 Aug 2023 | 7:46 PM IST

JM Financial Home Loans, Indostar Capital Finance to explore merger

As of December 2022, JM Home had a loan book of Rs.1,181 crore and AUM of Rs. 1,272 crore with average ticket size of Rs 12 lakh and loan to value ratio of 55%

JM Financial Home Loans, Indostar Capital Finance to explore merger
Updated On : 24 Apr 2023 | 11:46 PM IST

IndoStar Capital Chief Executive Deep Juggi quits after short stint

Company elevates Chief Risk Officer K Srinivasan as CEO

IndoStar Capital Chief Executive Deep Juggi quits after short stint
Updated On : 15 Feb 2023 | 11:49 PM IST

Analysts bet on consumer financiers as festive cheer perks up loan demand

Demand for consumer goods, automobiles, white goods has been holding momentum, which should translate into good credit off take for consumer financiers this festive season, analysts said

Analysts bet on consumer financiers as festive cheer perks up loan demand
Updated On : 15 Sep 2022 | 10:21 PM IST

Stocks to Watch: Cipla, NTPC, Adani group, SBI Cards, Hind Zinc, Nxtdigital

Stocks to Watch: ICICI Securities, Axis Capital and Citigroup Global Markets are among the 5 investment bankers selected to manage the sale of the government's 29.53% residual stake in Hindustan Zinc

Stocks to Watch: Cipla, NTPC, Adani group, SBI Cards, Hind Zinc, Nxtdigital
Updated On : 17 Aug 2022 | 7:50 AM IST

IndoStar Capital Finance back in black in Q1 with net profit at Rs 61 cr

Company's net revenues during April-June quarter of FY23 were up by 32 per cent at Rs 167 crore as against Rs 126.6 crore in same period of FY22, IndoStar Capital said in a release.

IndoStar Capital Finance back in black in Q1 with net profit at Rs 61 cr
Updated On : 15 Aug 2022 | 10:51 PM IST

IndoStar Capital freezes at 10% lower circuit on accounting discrepancies

The company may have to make an additional expected credit loss provisions between Rs 557 crore - Rs 677 crore due to the "certain observations and control deficiencies" made by an external auditor.

IndoStar Capital freezes at 10% lower circuit on accounting discrepancies
Updated On : 09 May 2022 | 1:04 PM IST

Brookfield-backed IndoStar Capital Finance eyes 800 branches in four years

The non-banking financial company (NBFC) expects to grow loan book 4-5 times and also enter financing of used cars and tractors as part of its medium-term strategy

Brookfield-backed IndoStar Capital Finance eyes 800 branches in four years
Updated On : 11 Jan 2022 | 12:36 AM IST

Sridhar quits as vice-chairman IndoStar Capital; Deep Jaggi new CEO

Company offers no reason for resignation; Sridhar joined IndoStar in April 2017, had worked with Sriram Group since 1985.

Sridhar quits as vice-chairman IndoStar Capital; Deep Jaggi new CEO
Updated On : 08 Jan 2022 | 12:36 AM IST

Stocks to watch: CarTrade Tech, HDFC Bank, Vodafone Idea, Airtel, Indostar

MD and CEO Nitin Chugh of Ujjivan Small Finance Bank has resigned from the bank and his tenure will come to an end on September 30

Stocks to watch: CarTrade Tech, HDFC Bank, Vodafone Idea, Airtel, Indostar
Updated On : 20 Aug 2021 | 8:34 AM IST

Indostar Capital reports net loss of nearly Rs 37 crore in June quarter

Pre-provisioning operating profit was of Rs 33.10 crore during the quarter, down from Rs 75.10 crore in year ago period

Indostar Capital reports net loss of nearly Rs 37 crore in June quarter
Updated On : 12 Aug 2021 | 10:01 PM IST

IndoStar Capital Finance Q3 net profit jumps multi-fold to Rs 24 cr

Its net profit stood at Rs 0.2 crore in the same period a year ago

IndoStar Capital Finance Q3 net profit jumps multi-fold to Rs 24 cr
Updated On : 04 Feb 2021 | 11:35 PM IST

Indostar Capital Finance hits 52-week high; stock surges 37% in 7 days

On August 18, Indostar Capital Finance allotted debentures to State Bank of India, worth Rs 200 crore, on preferential placement basis

Indostar Capital Finance hits 52-week high; stock surges 37% in 7 days
Updated On : 26 Aug 2020 | 2:12 PM IST

Brookfield's equity infusion crucial for Indostar Capital in Q1 FY21: CARE

Besides challenges faced by wholesale NBFC in particular, the credit costs (amount to be provided for stressed assets), are likely increase post outbreak of COVID 19

Brookfield's equity infusion crucial for Indostar Capital in Q1 FY21: CARE
Updated On : 20 Apr 2020 | 8:01 PM IST

80% of financial sector IPOs since four years trade below issue price

The fall, analysts say, has been on concerns that the financial industry has will be the worst hit among sectors, given the disruptions to the country's economic activity caused by Covid-19 outbreak.

80% of financial sector IPOs since four years trade below issue price
Updated On : 17 Apr 2020 | 12:32 AM IST

IndoStar Capital to buy IIFL's CV finance biz with AUM worth Rs 3,949 cr

The boards of both companies have approved the transaction, however, the value of the deal has not been disclosed

IndoStar Capital to buy IIFL's CV finance biz with AUM worth Rs 3,949 cr
Updated On : 04 Feb 2019 | 12:38 PM IST

IndoStar Capital Finance: Revenue may grow 40% annually during FY18-20

Morgan Stanley (MS), in a report this week, estimates IndoStar's share of retail AUM to double to 52% by FY20

IndoStar Capital Finance: Revenue may grow 40% annually during FY18-20
Updated On : 29 Jun 2018 | 6:30 AM IST

Indostar Capital Finance stocks ends with 2% gains on stock market debut

On NSE, shares of the company settled at Rs 585, a gain of 2.27 per cent

Indostar Capital Finance stocks ends with 2% gains on stock market debut
Updated On : 22 May 2018 | 1:54 AM IST

Indostar Capital Finance lists at 5% premium over issue price

The stock listed at Rs 600, a 5% premium against its issue price of Rs 572 on the NSE and BSE.

Indostar Capital Finance lists at 5% premium over issue price
Updated On : 21 May 2018 | 10:11 AM IST